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HomeMy WebLinkAboutAgenda Report - November 1, 1995 (63)oF$ CITY OF LODI COUNCIL COMMUNICATION cgCl a�P AGENDA TITLE: Reject Bid for Sale of Surplus City Property at 1775 South Church Street MEETING DATE: November 1, 1995 PREPARED BY: Public Works Director RECOMMENDED ACTION: That the City Council reject the bid received for the sale of surplus City property at 1775 South Church Street and authorize the City Clerk to continue to advertise for bids to be opened once a month until the property sells. BACKGROUND INFORMATION: The City received one bid for the surplus City property at 1775 South Church Street. The bid was submitted by Alan Korsgaden of Stockton in the amount of $16,000. Prior to initially advertising the property for sale, an appraisal was completed on this vacant lot. The appraisal, completed in June 1994, valued the property at $55,000. The appraisal is somewhat outdated, but it does give a starting point to compare bids. Because tax incentives for property owners have decreased and the economy isn't conducive to constructing multi -family residences, the appraised amount is probably too high. Even though the City doesn't have to sell for the appraised amount, we feel this bid is too low and recommend that it be rejected and we continue to receive bids. FUNDING: Not applicable. NL Ronsko Works Director Prepared by Sharon Blaufus, Administrative Assistant JLR/SB/sb cc: Alan Korsgaden APPROVED, 4� THOMAS A. PETERSON + recyto*paper City Manager CC -1 C1775CF41.00C 10/25/95 RESOLUTION NO. 95-143 A RESOLUTION OF THE LODI CITY COUNCIL REJECTING THE BID FOR SALE OF CITY PROPERTY LOCATED AT 1775 SOUTH CHURCH STREET WHEREAS, in answer to notice duly published in accordance with law and the order of this City Council sealed bids are received and publicly opened on the fourth Wednesday of each month for the bid for Sale of Surplus City Property at located 1775 South Church Street, described in the specifications therefore approved by the City Council in August 1994; and WHEREAS, said bids have been compared, checked, and tabulated and a report thereof filed with the City Manager as follows: Bidder Location Bids Appraisal - June, 1994 $55,000.00 Alan Korsgaden Stockton $16,000.00 WHEREAS, it is staff's recommendation that the bid be rejected based on the low bid in comparison to the June 1994 appraisal; and NOW, THEREFORE, BE IT RESOLVED by the Lodi City Council that the bid received is hereby rejected for the Surplus City Property located at 1775 S. Church Street, Lodi, CA. Dated: November 1, 1995 I hereby certify that Resolution No. 95-143 was passed and adopted by the City Council of the City of Lodi in a regular meeting held November 1, 1995, by the following vote: AYES: COUNCIL MEMBERS - Davenport, Pennino, Sieglock, Warner and Mann (Mayor) NOES: COUNCIL MEMBERS - None ABSENT: COUNCIL MEMBERS - None ABSTAIN: COUNCIL MEMBERS - None #JI FER . PElerk 95-143 CITY COUNCIL STEPHEN J. MANN, Mayor DAVID P. WARNER Mayor Pro Tempore RAY C. DAVENPORT PHILLIP A. PENNINO JACK A. SIECLOCK CITY OF LODI Mr. Alan Korsgaden 7475 Murray Dr., Ste. 8 Stockton, CA 95210 CITY HALL, 221 WEST PINE STREET P.O. BOX 3006 LODI, CALIFORNIA 95241-1910 (209) 333-6706 FAX(209)333-6842 October 26, 1995 H. DIXON FLYNN City Manager JENNIFER M. PERRIN City Clerk RANDALL A. HAYS City Attorney SUBJECT: Reject Bid for Sale of Surplus City Property at 1775 South Church Street Enclosed is a copy of background information on an item on the City Council agenda of Wednesday, November 1, 1995, at 7 p.m. The meeting will be held in the City Council Chamber, Carnegie Forum, 305 West Pine Street. This item is on the consent calendar and is usually not discussed unless a Council Member requests discussion. The public is given an opportunity to address items on the consent calendar at the appropriate time. If you wish to write to the City Council, please address your letter to City Council, City of Lodi, P.O. Box 3006, Lodi, California, 95241-1910. Be sure to allow time for the mail. Or, you may hand -deliver the letter to the City Clerk at 305 West Pine Street. If you wish to address the Council at the Council meeting, be sure to fill out a speaker's card (available at the Carnegie Forum immediately prior to the start of the meeting) and give it to the City Clerk. If you have any questions about communicating with the Council, please contact Jennifer Perrin, City Clerk, at (209) 333-6702. If you have any questions about the item itself, please call Sharon Blaufus, Administrative Assistant, at (209) 333-6706. ack L\Ronsko ublic Works Director JLR/Im Enclosure cc: City Clerk NC1775CH.DOC